Makers Forward, LLC Acquires New Hampshire Industries, Inc. and Phoenix Distribution

H.I.G. Capital Acquires Phoenix ME Limited

August 14, 2026

Industrial Services

H.I.G. Capital, through an affiliate, has completed the acquisition of Phoenix ME Limited, a UK-based provider of integrated mechanical & electrical engineering services. Phoenix’s founder and CEO Lee Compton will reinvest alongside H.I.G., while the existing management team remains in place and Jim Arnold joins as Chairman to support Phoenix’s next phase of growth.

Northwinds Services Group Acquires Phoenix Mechanical

January 29, 2026

Industrial Services

Northwinds Services Group has acquired Phoenix Mechanical, a Westchester County, New York-based HVAC and plumbing services company founded in 1996. Co-owners Doug Budney and Jonathan Nissman brought on a partner as Phoenix neared its 30th anniversary and to support succession plans.

DXP Enterprises Acquires Hennesy Mechanical Sales LLC

January 8, 2024

Industrial Services

DXP Enterprises, Inc. (NASDAQ: DXPE) has completed the acquisition of Hennesy Mechanical Sales LLC, a manufacturers' representative specializing in municipal water, wastewater and industrial pump sales, service and repair across Arizona, New Mexico and West Texas. The deal, funded with cash on DXP's balance sheet, adds approximately $10.1 million of LTM sales and $1.2 million of adjusted EBITDA and is intended to expand DXP's Water platform capabilities and geographic reach.

Myers Industries Acquires Mohawk Rubber Sales of New England Inc.

June 1, 2022

Logistics & Distribution

Myers Industries (NYSE: MYE) acquired the assets of Mohawk Rubber Sales of New England Inc., a leading auto aftermarket and tire repair distributor headquartered in Hingham, Massachusetts. The acquisition, financed with Myers' revolving credit facility, adds four distribution centers and ~$65M of 2021 revenue to Myers' Distribution segment to expand geographic coverage, improve supply chain scale, and capture cost and growth synergies.

Allied Motion Technologies Acquires FPH Group

May 31, 2022

Aerospace & Defense

Allied Motion Technologies Inc. acquired FPH Group, a Canada-based developer of electrical drive systems and lightweight composite technologies for ground-based defense vehicles. The deal expands Allied Motion's capabilities and defense market penetration by adding FPH's engineering, prototyping and production expertise; financial terms were not disclosed.

Pueblo Mechanical & Controls Acquires Innovative Mechanical Systems

August 5, 2019

HVAC & Mechanical

Huron Capital-backed Pueblo Mechanical & Controls (the ExecFactor platform) has acquired Innovative Mechanical Systems, a Phoenix-based commercial HVAC installer and service provider. The undisclosed add-on deal expands Pueblo's service offerings and geographic reach in the Phoenix market and adds experienced technicians and preventative maintenance capabilities to the platform.